Daily Current Affairs 03-04 May 2016

The below are the important Current Affairs / GK Updates of 3-4th
May, 2016.

1) Compensatory Afforestation Fund Bill, 2015:

Lok Sabha passed the Compensatory Afforestation Fund bill,
2015 for setting up of a National Compensatory
Afforestation Fund and also a State
Compensatory Afforestation Fund so as to utilize the unspent 41000 crore
rupees earmarked for forest land.

Union Railway Minister Suresh Prabhakar Prabhu launched
e-enabled application, Project Management & Information System (PMIS) in
New Delhi for monitoring of all the Railway projects throughout the country.

3)Protecting
People through Nature, Report:

World Wildlife Fund (WWF) published a report titled ‘Protecting people through nature’ with
the subtitle ‘Natural world heritage
sites as Drivers of sustainable development.’

As per report, nearly half of the iconic 229 natural and
mixed World Heritage sites in 96 countries around the world, including Western
Ghats, are facing significant threats.

4)Special Breakthrough Prize in Fundamental Physics:

The Selection Committee of the Breakthrough Prize in
Fundamental Physics conferred a Special Breakthrough Prize in Fundamental
Physics for detection of gravitational waves.

It is a 3 million dollar award.

5)EXIM Analytics Dashboard for export, import data:

To provide easy access to detailed trade performance of the
country, Minister of State for Commerce and Industry Nirmala Sitharaman launched
EXIM Analytics Dashboard.

The portal developed by the Directorate General of
Commercial Intelligence and Statistics.

International Monetary Fund (IMF) Regional Economic Outlook
for Asia and the Pacific said that India will have 7.5 percent growth in 2016
and 2017.

7)Mark Selby won World Snooker Championship.

8)63rd National Film Awards:

President Pranab Mukherjee conferred National film awards
for the year 2015.

Dada Saheb Phalke Award was conferred to Manoj Kumar.

Amitabh Bachchan received the Best Actor for his role in Piku.

Kangana Ranaut
received the Best Actress Award for
Tanu Weds Manu Returns.

9)World Press Freedom Day:

The World Press Freedom Day was observed across the world.

The theme was Access to Information and Fundamental
Freedoms - This Is Your Right.

10) For NCR-Delhi,Supreme Court banned all diesel cabs from May 1.

11)RM Lodha-panel to reform Medical Council of India:

The Supreme Court of India appointed a three-member panel
headed by former Chief Justice of India (CJI) RM Lodha to watch the functions
of the Medical Council of India, the regulator of medical profession and
education in India.